Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:598031
Bank Name:Union Bank of India
Branch Name:Regional Office Surat
Reserve Price:₹5,04,000
EMD:₹50,400
Auction Time:12:00 NOON TO 05:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:29-10-2025 05:00 PM
Bid Start Date:2025-10-30
Property Description
This auction features a parcel of land located in Taluka Kamrej, Surat, Gujarat, owned by Mr. Nathubhai Chhogubhai Suthar. The property is categorized as residential land and is being auctioned by Union Bank of India under the SARFAESI Act. This presents a unique opportunity to acquire land in a developing area of Surat.
State:Gujarat
City:Surat
Area:Taluka Kamrej
Asset Category:Residential
Full Address:Plot No. 2 (C Type), Haridarshan Residency, Village-Shekhpur, Taluka-Kamrej, Sub-Dist. Kamrej, District-Surat, Shekhpur, Surat
Building/Society:Haridarshan Residency
Size:40.19 sq. mts
Auction Description
Union Bank of India is conducting a SARFAESI auction for a residential land parcel in Taluka Kamrej, Surat, Gujarat. The auction will commence on October 30, 2025, at 12:00 PM and conclude at 5:00 PM on the same day. The reserve price is set at ₹5,04,000, with an Earnest Money Deposit (EMD) of ₹50,400 required to participate. Interested bidders should review all auction terms and conditions provided by the bank.
Borrower Name:Mr. Nathubhai Chhogubhai Suthar
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The land in Shekhpur, Kamrej presents a calculated opportunity due to its location and size. The reserve price seems reasonable. However, further due diligence is recommended to assess the long-term investment potential.
Contact Details
Branch:Branch Office : Regional Office Surat
Service Provider:BAANKNET
Contact Details:
Mr. Ramvtar Meena
Contact no:8827433132
